Experts warn of debt traps as Christmas spending pressures mount
As Christmas approaches, financial experts warn against debt traps like buy now, pay later schemes and wage advances. With five rate rises this year, individuals may consider alternative strategies to ease cash flow issues and explore options like negotiating discounts or seeking help from financial counseling services. Resources like the National Debt Helpline and OSOS are available for support.
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 13 Nov 2026, 18:01 UTC · Updated 13 Nov 2026, 18:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
Trending
- Melbourne Uni cuts 179 staff as it bleeds cash for fifth year
- Melbourne art teacher Alice Krause apologizes after racist car park outburst
- Six Victoria fire stations robbed, CFA reviews security amid bushfire risks
- Finnish ambassador says interest in embassy no red herring after viral posts
- Dave Grohl pays tribute to Beaconsfield miner Todd Russell amid energetic Sydney
- Hussey makes call on Australia's best batting line up